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2022
Exports $15.6MWorld Rnk 6 / 65
Flag Rnk 469 / 1216
2022
Destination $1.34M United States
2021 - 2022
FASTEST GROWING MARKET $1.34MAustria
2022
Imports $250kWorld Rnk 25 / 65
Flag Rnk 1144 / 1216
2022
Origin $177k Germany
2021 - 2022
FASTEST GROWING ORIGIN $177kGermany
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $15.6M in Tungsten Ore, making it the 6th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 469th most exported product in Portugal. The main destination of Tungsten Ore exports from Portugal are: United States ($9.86M), Austria ($5.31M), Belgium ($415k), Netherlands ($7.08k), and South Korea ($241).

The fastest growing export markets for Tungsten Ore of Portugal between 2021 and 2022 were Austria ($1.34M), Belgium ($415k), and Netherlands ($7.08k).

Imports In 2022, Portugal imported $250k in Tungsten Ore, becoming the 25th largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1144th most imported product in Portugal. Portugal imports Tungsten Ore primarily from: Germany ($177k), Netherlands ($50.2k), Spain ($14.4k), Denmark ($4.07k), and South Korea ($3.33k).

The fastest growing import markets in Tungsten Ore for Portugal between 2021 and 2022 were Germany ($177k), Netherlands ($44.9k), and Spain ($14.4k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tungsten Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.6M
IMPORTS (2022)$250k
NET TRADE (2022)$15.3M

In 2022, Portugal exported $15.6M in Tungsten Ore. The main destinations of Portugal exports on Tungsten Ore were United States ($9.86M), Austria ($5.31M), Belgium ($415k), Netherlands ($7.08k), and South Korea ($241).

In 2022, Portugal imported $250k in Tungsten Ore, mainly from Germany ($177k), Netherlands ($50.2k), Spain ($14.4k), Denmark ($4.07k), and South Korea ($3.33k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Austria$1.34M (33.8%)
Belgium$415k (1%)
Netherlands$7.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY Portugal WERE (2021 - 2022):
United States-$61.9k (-0.62%)
South Korea-$266 (-52.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Tungsten Ore were:
Rwanda $52.7M
Spain $40.7M
North Korea $30.9M
In 2022, Portugal's main importing competitors in Tungsten Ore were:
China $60.3M
United States $48.2M
Austria $41.4M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $17.3k
TOP IMPORT POTENTIALSpain+ $24.7k

Tungsten Ore’s highest export potential is Netherlands. With an export gap of $17.3k.   Tungsten Ore’s highest import potential is Spain with an import gap of $24.7k.

See methodology.

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